Albania recorded a Current Account deficit of 2.40 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Albania averaged -5.62 percent of GDP from 1980 until 2024, reaching an all time high of 2.24 percent of GDP in 1999 and a record low of -15.70 percent of GDP in 2008. source: Bank of Albania

Current Account to GDP in Albania is expected to reach -1.00 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Current Account to GDP is projected to trend around -1.20 percent of GDP in 2026 and -1.30 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Capital Flows -937.77 -517.27 EUR Million Mar 2025
Current Account -212.07 -374.44 EUR Million Mar 2025
Current Account to GDP -2.40 -0.90 percent of GDP Dec 2024
External Debt 10677.10 10141.60 EUR Million Mar 2025
Foreign Direct Investment 362.35 423.08 EUR Million Mar 2025
Remittances 250.68 272.78 EUR Million Mar 2025



Albania Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-2.40 -0.90 2.24 -15.70 1980 - 2024 percent of GDP Yearly